(1) A
public body may at any time cancel the procurement proceedings where –
(a) the object of
the procurement is no longer required;
(b) it has become
necessary, in the public interest, to modify the specifications or critical
aspects of the conditions of the contract; or
(c)
defects or
gaps in the specifications have been revealed, which prevent consideration of a
substantially less expensive and functionally equivalent item other than the
one called for in the bidding documents, or which prevent consideration of all
items of cost to the public body in the evaluation process.
(2) No
decision to cancel the procurement proceedings shall be taken unless the Chief
Executive Officer of the public body concerned has given the approval to the
cancellation.